PartnerRe snags Axis exec to run US reinsurance unit

Jonathan Colello

PartnerRe Ltd. has recruited former Axis Capital Holdings Ltd. executive Jonathan Colello to head its reinsurance operations in the United States.

The appointment comes one month after PartnerRe announced a reorganization of its units.

Mr. Colello, a long-time Axis executive, was appointed president North America for Axis Re last May.

At PartnerRe, he will be CEO, P&C Americas and president of Partner Reinsurance Co. of the U.S., according to a PartnerRe statement. He will report to Emmanuel Clarke, president and CEO of the Bermuda-based reinsurer, and will lead PartnerRe’s property/casualty business in the U.S., Canada and Latin American and its health reinsurance business in the United States, the statement said.

Meanwhile, Axis announced Monday that it has appointed Andy Hottinger as president of its EMEA LatAm division, covering Europe, the Middle East, Africa and Latin America. Most recently, Mr. Hottinger was head of property EMEA at Axis. He replaces Jan Ekberg, who will retire in July, Bermuda-based Axis said in a statement.